Tag: acquisition

Here you will find all the articles with the tag: acquisition.

PTC acquires Intland Software for $280 million

PTC acquires Intland Software for $280 million

Industrial IoT specialist PTC has acquired Intland Software. Intland Software develops Application Lifecycle Management (ALM) solutions. With the acquisition, PTC expands its ALM portfolio for business sectors with high demands on security and regulation. PTC is forking over 280 million dollars ... Read more

date2 years ago
Rackspace for sale, looking for privatization

Rackspace for sale, looking for privatization

Rackspace Technology wants to change course again. In order to do so, it needs to be privatized. Rackspace isn't strong enough to delist itself, and is therefore looking for a buyer. Rackspace went public less than two years ago, which has now become a hurdle to making necessary changes. The co... Read more

date2 years ago
Twitter accepts offer from Elon Musk, but now what?

Twitter accepts offer from Elon Musk, but now what?

The Twitter board has changed its mind. They have accepted the offer of 44 billion dollars. Earlier, it seemed that they would fight the acquisition tooth and nail, but the offer is too good to ignore. Elon Musk will soon have full ownership of Twitter. The big question is, what happens now? Sho... Read more

date2 years ago
Toshiba considers a buyout, shares surge

Toshiba considers a buyout, shares surge

Toshiba's board is considering buyout offers. After the announcement, shares jumped nearly 5%. On Thursday 21 April, Toshiba's board hired a financial advisor to determine the future of the organisation. The Japanese conglomerate has been under pressure since the end of 2021. The board became di... Read more

date2 years ago
‘Zendesk is considering a sale’

‘Zendesk is considering a sale’

Zendesk onboarded advisors from Qatalyst Partners to explore a potential sale. This is reported by Bloomberg based on insider sources. Zendesk might go private. Though Zendesk and Qatalyst Partners refused to comment, Bloomberg sources indicate that potential buyers were found and contacted. In... Read more

date2 years ago
Elon Musk wants to buy Twitter for 41 billion dollars

Elon Musk wants to buy Twitter for 41 billion dollars

Elon Musk is indeed planning to buy Twitter, this was just announced by a publication of the regulator. Last week Musk already bought 9 percent of the Twitter shares, now he has made an offer of 41 billion dollars for the rest of the stock, about 38 billion euros. This comes down to 54.20 dollars p... Read more

date2 years ago
Barracuda Networks passes into the hands of venture capitalist KKR

Barracuda Networks passes into the hands of venture capitalist KKR

KKR acquires Barracuda Networks. The venture capitalist is taking the reins from Thoma Bravo, Barracuda's previous owner. The acquisition price wasn't disclosed. Insider sources indicate a sum of 4 billion dollars (3.7 billion euros). KKR wants to further expand Barracuda Networks' activities. C... Read more

date2 years ago
Files.com acquires ExaVault to offer major file sharing platform

Files.com acquires ExaVault to offer major file sharing platform

Files.com recently acquired ExaVault, a cloud file transfer platform for automated file integration. With around 7,000 B2B customers, the merger is expected to establish the industry’s biggest cloud file platform. Established in 2009, Files provides optimization tools for developers, partne... Read more

date2 years ago
HP acquires Poly for €3 billion

HP acquires Poly for €3 billion

HP has reached an agreement on the acquisition of Poly, which specialices in cameras and headsets. HP will pay 3.3 billion dollars (3 billion euros) for Poly. With the acquisition of Poly, HP wants to grow as a vendor of hybrid work solutions. It can already help in this with, for example, lapto... Read more

date2 years ago
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